Wednesday, May 20, 2009

SEBI?

Bennett, Coleman's private treaties business sees sharp value erosion.

“Private treaties” was one of the most innovative revenue schemes thought up by Bennett, Coleman & Co, which publishes the Times of India and other titles. In return for advertising in group publications, Bennett would get equity in the company doing the advertising. The pay-off would come when the equity was offloaded for a profit (with long-term capital gains being free of tax).



If this is not insider trading then what is?

I guess even Hindustan Times is into this business model so can't really go by what MINT says. That leaves Business line, but its' more into presenting news as is than specualting so not much fun there.

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